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A. J. Stephens & Associates, Inc. Forensic Loan Review Solutions. Industry Leading Patented and Automated Compliance Reviews Reviews. MARKET FOR LOAN WORKOUTS. 15 Million of 41.5 Million total US mortgages in negative equity position. MARKET FOR LOAN WORKOUTS.

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A. J. Stephens & Associates, Inc. Forensic Loan Review Solutions

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A. J. Stephens & Associates, Inc.Forensic Loan Review Solutions

Industry Leading Patented and Automated Compliance Reviews



  • 15 Million of 41.5 Million total US mortgages in negative equity position


  • Over 2 Million properties in foreclosure

  • 15 Million at risk due to negative equity

Good BAnks Made Bad lOans

Compliance Violators

Repeat Offenders

Total Institutions

compliance findings

  • Public data is consistent with the findings of our borrowers’ attorneys and loan modification firm clients

identifying violations = leverage

  • Violations subject lenders, investors and servicers to civil and criminal fines, penalties and damages

  • Borrowers remedies can include, rescission, defense to foreclosure, refund if interest and fees paid, civil damages

  • TILA, RESPA and other fed and state laws provide for recovery of attorney fees


  • Consumer credit regulatory compliance complexity, especially STATE rules.

  • Identify violations-obtain legal citations at your fingertips. Saves time and money.

  • Enables you to diligently advise clients

A.J. STEPHENS & ASSC. is the industry leader

  • 25 Million compliance reviews for leading banks since 2002

  • Patented, automated process is fast, reliable and complete

  • Reviews 335 fed, state and local mortgage consumer protection laws

  • Pass-Fail-Error with citations in 5 seconds

the STEPHENS & ASSC. expert system




You submit loan file to us…

We perform the forensic review…

We produce a detailed compliance review report

Scope of Audit

  • Truth In Lending

  • HOEPA (Section 32)

  • Predatory lending

  • Usury

  • Prohibited fees

  • Fee limits/restrictions

  • Loan-to-value requirements

  • Negative amortization prohibitions

  • Balloon payment prohibitions

  • Payment & other term limitations

  • Escrow and impound restrictions

  • Home Affordable eligibility

  • Higher-rate, higher-risk, higher-priced, subprime, nonprime, and rate spread laws

  • Prepayment penalty enforceability

  • Late fees and grace periods

  • Interest and accrual requirements

  • Debt-to-income requirements

Forensic Audit report

forensic review summary

compliance issues fully detailed

Power under the hood

AT&T 24/7/365 SAS70 Level II server hosting

Enterprise class rules-based engine written in Java running on Oracle systems

Built-in security, data protection and reliability required by leading financial institutions

the Audit file manager

be an expert

  • Our state-of-the-art automated system and turnkey solutions enable You to be the expert

  • Member tools and resources let you focus on your clients instead of consumer legal compliance research

  • Offer the most complete and cost effective solutions to your clients

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